TEICHMANN DAVID 4
4 · Infinera Corp · Filed Apr 8, 2024
Insider Transaction Report
Form 4
Infinera CorpINFN
TEICHMANN DAVID
Chief Legal Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-04-05−19,167→ 38,333 total→ Common Stock (19,167 underlying) - Exercise/Conversion
Restricted Stock Units
2024-04-05−4,167→ 0 total→ Common Stock (4,167 underlying) - Exercise/Conversion
Common Stock
2024-04-05+23,334→ 281,083 total - Tax Payment
Common Stock
2024-04-05$5.80/sh−8,343$48,389→ 272,740 total
Footnotes (4)
- [F1]Represents shares that have been withheld by Infinera Corporation (the "Company") to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs").
- [F2]Each RSU represents a contingent right to receive one share of common stock of the Company.
- [F3]These RSUs, originally for a total of 50,000 shares, vest as to one-third of the shares on the one-year anniversary of the April 5, 2021 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Mr. Teichmann's continued service to the Company through each applicable vesting date.
- [F4]These RSUs, originally for a total of 57,500 shares, vest as to one-third of the shares on the one-year anniversary of the April 5, 2023 vesting commencement date, and 1/12th of the shares vest quarterly thereafter, subject to Mr. Teichmann's continued service to the Company through each applicable vesting date.